0001104659-24-075824.txt : 20240627
0001104659-24-075824.hdr.sgml : 20240627
20240627200113
ACCESSION NUMBER: 0001104659-24-075824
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240625
FILED AS OF DATE: 20240627
DATE AS OF CHANGE: 20240627
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Liberman Paul
CENTRAL INDEX KEY: 0001810204
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 241081005
MAIL ADDRESS:
STREET 1: 222 BERKELEY STREET
STREET 2: FLOOR 5
CITY: BOSTON
STATE: MA
ZIP: 02116
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DraftKings Inc.
CENTRAL INDEX KEY: 0001883685
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 000000000
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 222 BERKELEY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: (617) 986-6744
MAIL ADDRESS:
STREET 1: 222 BERKELEY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: New Duke Holdco, Inc.
DATE OF NAME CHANGE: 20210917
4
1
tm2418465-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-06-25
0
0001883685
DraftKings Inc.
DKNG
0001810204
Liberman Paul
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
1
1
0
0
See Remarks
1
Class A Common Stock
2024-06-25
4
S
0
300937
38.43
D
1990469
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
2024-06-25
4
S
0
299298
39.25
D
1691171
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
2024-06-25
4
S
0
44771
38.43
D
229846
I
Held by the Paul Liberman 2020 Trust
Class A Common Stock
2024-06-25
4
S
0
23884
39.32
D
205962
I
Held by the Paul Liberman 2020 Trust
Class A Common Stock
2024-06-26
4
M
0
88441
0.63
A
1779612
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
779522
D
Class A Common Stock
213597
I
Held by the Paul Liberman 2020 Irrevocable Trust
Class A Common Stock
200000
I
Held by the Rachel Nager Liberman Irrevocable Trust - 2022
Stock Option
0.63
2025-02-18
Class A Common Stock
88441
74097
D
Stock Option
0.63
2025-02-18
Class A Common Stock
88441
88441
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Option
0.63
2024-06-26
4
M
0
88441
0.00
D
2025-02-18
Class A Common Stock
88441
0
I
Held by the Paul Liberman 2015 Revocable Trust
The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on March 5, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.98 to $38.97, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, 4 and 5 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.98 to $39.80, inclusive. See the last sentence of footnote 2 to this Form 4 above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.98 to $38.95, inclusive. See the last sentence of footnote 2 to this Form 4 above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.99 to $39.80, inclusive. See the last sentence of footnote 2 to this Form 4 above.
The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
These stock options were granted on February 10, 2016. As of the date hereof, all such remaining stock options have vested.
88,441 stock options previously reported as held directly by the Reporting Person. There was no purchase or sale in connection with the transfer to the trust.
President, Global Technology and Product
/s/ Faisal Hasan, attorney-in-fact
2024-06-27